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Title: Suppose the market for cement is one where there are a large number of buyers and sellers, and ...
Post by: tuggy on May 22, 2017
Suppose the market for cement is one where there are a large number of buyers and sellers, and everyone conducts transactions at a common market price. Which of the following statements is true about the structure of the cement market?
A) The cement market is free and competitive.
B) The cement market is government regulated.
C) All participants in the cement market set their own prices.
D) All transactions in the cement market are likely to be involuntary.


Title: Re: Suppose the market for cement is one where there are a large number of buyers and sellers, and ...
Post by: lostein on May 22, 2017
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Title: Re: Suppose the market for cement is one where there are a large number of buyers and sellers, and ...
Post by: tuggy on Jul 7, 2017
Thanks for answering correctly